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Home My WebLink About1101 To plxe and contie?uoualy keep on ths buildings now a Mr~aftK ~ituats on s~id land u?d on all puipment ~nd pason+lly cova~d by thii ~mat¢ y~, with ~II premivms thereon paid in full, fire insuranc~ in the uwa! ttandard policy form, ie~ a a~m approvecl by tM lNORiGAGEE. ~nd windstwm i~swa~ce in tM ~sual itandard po?~cy fam, in a ~um ~pproved by ths MORTGAGEE, tn such company w comp+ni~s ~s tM MORTGAGEE n?+y diredt and sll tirs ~nd windsrorm ins~rante policies on any of s+~d build~np~, ~ey tn~e.~st thereie o? part tMreo(, in Ih~ sp~re~af~ sum aiorqaid o? , in ~zcess thereof, shall co~tai~ the viual ~ta~dsrd mutgage~ claus~ or such ahe? clau~ as ~M Monysgee m~y requ~r+. makinp ~h~ bu vncla ~a~d po14 , cies, ~ach ~nd ewry, payabte ro said MORTGAGEE as its interesl may appear. and e+ch and every ~vth policy shall b~ promptly +u:yned and d~liwrd W i any Mld by ssid MORTGAGEE as furiher ucurity to said mort9sge debt, and, ~wt less than ten (10) days in advance of tM exp~ratioe of t+ch policy, M~ (ivN to s~id MORTGAGEE • renewal therwf, topetha with • reteipt fot the premium of s~th renewal; and there shall w no firs w winds~orm i~sur~nc~ pl~ted on iny of said buildings, any interest there~n or part thereo(, unleu i~ the form and with the lou pay~bk ~s afortssid; ~nd in tF+e event a~y sun+ of moe?~y becon+es payabte v~der such policy w policies said NICRTGAGEE sMll haw th~ opt~on to receiva snd apply the sune on account o( th~ indebted- neu secured htreby w ro permit said MORTGAGORS to receive ~nd uss it or any part thereof fa other purposes, w~thout the.eb/ waivi~g a ~mp+~~- irq any equity, lien or ~ight w~der or by virtw of this mo:tgaye; ~nd in the ~vent ssid MORTGAGORS aMll tw any ~eason i~il fo kecp the said premisa so inwred, w fail to delive. promptly eny of said pol~ties of insuraoce to ssid MORTGAGEE, or fail ptomptly to pay fully sny premium therefor a in any ~ respect fail to per(wm, discharge, execute, effett, complete, comply wi?h and abide by this covenant, w any part hereof, ssid MORTGAGfE rt?ay pl~ce and pay fa such iruurance « any part thereof w~~ho~t w~iving or ~ffectinp aoy op~ion, liert, equ~ry, a right u~ or by vinw of this Mwtya~e, and the full amount of each u?d tvery suth payment shall b~ immediately dw and payable and shall bea~ interest from 1M date thtreof tmtil paid at tM rat~ ol n~ne per centum pe~ annum and to~Nher with such interes~ shall be ucured by the lien of thia mort~aye. 4. To permit, commit or suffer no waste, imp+i~meM w deterioratan of wid p?operty w any part tlxreof. S. To psy al{ and sing~lu the costs, cMrges and axpenies, includinp a rcasonable attwney i fee and costs of abstracts of tiNe, incur?ed o~ p+id at any Yune by said MORTGAGEE, because w in the event of the faiture on the part of the said MORTGAGOR to d~ty, prompNy ~nd fvlly perform, d~scharq~. execute, eFfect, complete, comply with and ab~de by each and every the stipulations, agreeme~ts, conditions, and covenants of said promiuory ~ote and thia mwtgage any or either, and sa7d costs, charges and expenses, each end every, shall be immed~ately due and payable; whether or not there be r.otice de ~ mand, attcmpt to colkct or s~it pending; and the full .amounf of each and every wch psyment shall bea. interest from tl+e date thereof until p~id st the rate of nine per centum per a~num; and ali said costs, charges and expenses incurred or p+id, together with tuch imcrest, sMll b~ sacured by 1M lien of this 7 mortyspe. 6. Thst (a) in the event of a~y bre+ch of this Mortg~ye or defavlt on the pa?t of the MOR~GAGOR, w(b) en the event ~ny of ssid sums of money herei~ referred to be not prompHy and fully paid within thirty (30) days next after Ihe same seve~ally 6ecome due and p+yabk, without demand w notice, or (c) in the event each snd every the stipvtations, agreemeNe, condrtions and covenants of sa~d promiuory note end th~s mortgaqe aoy or e~ther are nol ~uly, promptly and fully performed, d~xharged, executed, effecfed, compkted, tomplied with and abided by, then in either w any s~ch ev~nt tM said a¢ gregate wm mentaned in said {xomisswy note then remaininp uopaid, with interest scuued, and all moneys setured hereby, shatl betort~e dut snd pay- 't able forthwith, or therea(ter, at the opfion of said MORTGAGEE, ~s f~lly and completely as ii all of tlx said sums of maxy were or~yinaly s~~pvlsted ; to be paid on such d:y, anything in said promissory note or in fhis Mortgage to ~ne contrary notwi~hstanding; and thereupon w thcreafter at the optan of seid MORTGAGEE, without notice or demand, suit st law or i~ equity, tlxrefore or thereaiter begun, may be prosecuted a if all moneys secured hereby had matured pnw to its institution. ~ 7. That in the event that at the beginning of or af any time ptnding any suit vpon this Mortgs9e, or fo fweclose it, or fo refwm it, ar to enfores ~ payment of any claims hereunder, said MORTGAGEE sMll apply to tKe Court having jurisdiction lhereof for the appantment of • Reteirer, wch Court sha0 j forthwith appoint s~eceiver of said mortgaged property all and singular, includ~ng all and singular the income, p~o(its, issues and reve~?ues from whateve? wwce derived, each and every of whrch, it being expressly understood, is hereby mortgaged as if specifiully set forth and described in the grantirg a~d habendum clauses hereof, and such Receiver shall have all the lxoad and effective func~~ons and powcn in anywise entrwted by a Covrt fo • Receiver, and ~uch appointment shall be made by _uch Court as an admitted eqvity and a matter of absolute ~ight fc+ said MORTGAGEE, and without refercnce to the adequaty or inadeqwcy of the value oi the property mortgaged w to the wlve~cy w insolventy of said MORiGAGOR ot the defe~dants, aed that such reMS, profin, income, iuues and reve~ves shall be spplied by such Reteive~ accwding to the {ien or equity of said MORTGAGEE snd the prattice of svth CouH. 8. To duly, prompdy and (ully perfwm, diuharge, execute, effect, complete, comply with and abide by each snd evety the stipulations, apreements, conditam and covenams in sa~d promissory oote and this mortgage ut forth. _ 9. That in the event the ownership of the mwtgaged premises, w any parl ttxreof, becomes vested in a pe~son other fhsn the MORTGAGOR, tM MORTGAGEE, its successors and sssigns, may, without notice to the MORTGAOR, deal with such successor or succeuor in interest with refcrence ta this mortgage and the debt hereby setured in the same manner as with Mo~tgagw witheut in any way vitiating or dixharging the Mwtgagon' lisbility F~era- unde? w upon the debt hereby secured. No sate of the premixs i~ereby mortgaged and no lorbearance on the pan of the MORTGAGEE w iri successwa or auigns and no extension of the ~ime for the payment of the debt hereby secured given by the MORTGAGEE w its successors w auigns, slwll operate ~o release, discharge, modify change or affect the original tiability of the MORTGAGOR herein, either in whole w in put. 10. It is speufically agreed that time is of the essence of this contract and that no v~aiver of any obligation hc?eunder w of the oblig~tion sa cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrumem secured herby. I1. In add~tio~ to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, :nortgagor covenants ' ~ and agrees to pay to mortgagee with each monthly payrnent an addi~ional sum ezt~mated by mortgagee to be equal to 1/12 of the artnual tost of the follow- iny: . A-All real property taxes levied or assessed agai~st thc above dewibed rea~ estate_ B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemeMt situate on the above desvibed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgsgee shall from time to time deem fit to carry on the ban setured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amounr due and payable herevndrr and such sum shall thereupon be d~e and payable on the due date of Ihe next monthty payment and each successive month thereafter urtil matgagee shall notify mortgagor of a thange in such amou~t. Such sums,shall be applied by mortgagee toward the payment of real property taxes, ins~rance prem:ums, and mortgage guaranfy insurance premiums- 1N WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and year first afwesaid. ~ Sig Sealed a liv ed in the presence of: ? ~ ~/fZ~it. ~e't~~ (Se~4 . ts.a~ ~ rs..ry ~ ~-n STATE OF FLOR{DA ~ , 4 t = T.~ SS. COUNTY! OF LCi 0 ' Before me persawlly appeared Inez H. Falls, a single adult i Fiw~wwfe, to me well krawn and known to me to be the individ~al described in and who e:ecuted the foregany instrument, and acknowledged before me that~ exewted the same for the _purposes therei~ ezpressed. /M~~fi~e'sei~l wii~~LtMs~Mii '11P01~'Ytlpf~?~1~I11dpM~Rr ~ t ~i~YD~1~IL~Y.NY.~iDi~FlifiSViO~~lE1ifLLiQCVbli.YidL11~~Y~K~i1GY1~l~~M~M~1~iFlif~t~l~CA0~1M~~rM11rJ1~IMI?~NIrM~.Y~I11N- i fail{~I~~YY1~lYYL Y1~ i[1f~4~i~YY? iO~flfilfM~M1~OA~~yOF ~t~f~0~ ~f~MM ~IO? M~~IM~~ L.~ ~ W11NE55 my hand and official ~eal this p~ day of A. D. 19~SL.i_ • otary Pu lic in and tor the State of Florida at larpe . - , ~ . ~ My Commission expires: . Retwn To: . ~ `~~a<<~ . r Fint federal Savings 3 loan Association ~~`~~~`'v ; ~K. S1i1! O~ HOfldi it W~ ~ ~ of Fo?t v~e.ca ~ ` . . ~ : • = :;ry Caewissio~~ Expires Se~. 23.19bS? ° . : . Forf Pierce. Florida ~ Q~ e tl.~ b~d~d b~N fin i G~.~M CR ~ ; - . . Np ~ : . ~ ~ i FILED A RECOR~ED ; ~ ; _ , ; ~'r: . - CIE CO TY ~LA•~ • ~ s?•REC VERIFI~O : ''r~'~ - ' ~J' ' : • ~.l.rJS3'74 : ~ , _ - '61 JUL Z ~ PM . 3 : Od . o R ~~GC1RCt~it? COUR7 600K16~ PAGE1~01 CI.ERK _ ; ~r~~,:? _ _ _ .Aa:~ _ : - - - - - - - - s . ` ~